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VCE BM Unit 1 AOS 2 External Environment Flashcards | StudBud
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VCE BM Unit 1 AOS 2 External Environment
VCE BM Unit 1 AOS 2 External Environment
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#VCE #Business #Management #external #internal #environment #AOS2
Flashcards
17 cards
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Questions
17
Answers
1
Employees, managers, location, legal structure are the main elements of which environment?
Operating Environment
Micro Environment
Internal Environment
Inside the business
2
Price charged for the use of money
Interest Rate
Loan rate
Mortgage Rate
Internet Rate
3
Groups of people who attempt to directly influence a business to adopt certain policies
Special policy groups
Happy Tree Friends
Special interest groups
Special groups
4
Factors relating to changes in attitudes, behaviour, taste and lifestyle of communities
Political Influences
Macro Factors
Societal Attitudes
External Factors
5
Laws and regulations made by parliaments and courts which affect how business operate
No control
Macro laws
Policies
Political and legal influences
6
Customers, competitors, suppliers and special interest groups are the stakeholders in the...
Macro Environment
Operating Environment
Internal Environment
Business Environment
7
The environment over which the business has most control
Internal Environment
Macro Environment
External Environment
Operating Environment
8
Suppliers from which the business buys materials and resources.
Supply Change
Special groups
Sourcing Change
Supply Chain
9
Assessment of economic, environmental and social performance of a business
Triple Jump Line
Triple Effect Line
Triple Batch Line
Triple Bottom Line
10
Growth phase of a business cycle
Contraction
Peak
Expansion
Trough
11
The two types of external environment are
Macro and Operating
Day-time and Night-time
Customers and Competitors
Internal and External
12
GST
Great services tax
Goods and Services Trade
Good and Services Terms
Goods and Services Tax
13
Which factor covers community concern over plastic shopping bags?
Societal attitudes
Customers
Suppliers
Competitors
14
The set of conditions inside and outside a business is the:
Macro Environment
Operating Environment
Business Environment
External Environment
15
The attitudes, behaviour, taste and lifestyle of people in the community are
Social Activities
Societal Attitudes
Customers
External Factors
16
Which external environment does the business directly interact with?
Operating table
Operating Environment
Operations system
Oprah Winfrey
17
The broad conditions & trends in society and the economy in which a business operates.
Societal attitudes
The Government
Economic factors
Macro Environment
